Ever since I used guaranteed stops to conjure additional trading funds out of thin air my trading accounts have been all dressed up with no place to go; so today I’ve been on a bit of a buying spree which has also been helped by freeing up yet more funds by trailing the guaranteed stop […]
Archive | stop orders
Trade of The Week: Update on Lamprell
By Tony on August 5, 2012 in etx capital, ig index, position trading, stop orders, trade of the week
I just realised it was over a week since I last posted a “Trade of the Week” feature. How lax of me! The previous one was my Lucky Escape from Lamprell, and this week I thought I’d provide an update on the same trade, not least because it gives me another opportunity to show off […]
Use guaranteed stops to conjure additional trading funds out of thin air!
Like me, you may occasionally find yourself in the embarrassing position of wanting to make a trade in your spread betting account at a time when you have little or no “available to trade” trading funds. Like me, you may prefer your spread betting account(s) to be self-sufficient and therefore you’re reluctant to feed yet […]
Shop Around for Minimum Stop Distances on Guaranteed Stops
I’ve had an on-off relationship with guaranteed stop orders, sometimes regarding the guarantees as invaluable and sometimes regarding them as too restrictive or simply unnecessary in a sufficiently diversified portfolio of spread bets. In these continuing uncertain and volatile times, those guarantees may be worth their weight in gold (if that’s what your trading). Guaranteed […]
Trade of The Week: Lucky Escape from Lamprell
By Tony on July 26, 2012 in capital spreads, etx capital, ig index, intertrader, position trading, spread co, spreadco, spreadex, stop orders, trade of the week
In yesterday’s sensationalist article I told you how I had closed several positions in an IG Index account in order to bank some profits. It was mighty unusual for me to close any position trades manually, instead preferring to let my trailed stop orders take me out when the tide turns. In one case it […]
Oh, I do like to see my stops!
As someone who wrote an entire book on the subject of stop orders, it may come as no surprise that I do like to see those stops right alongside my open positions. Like this: This example (but real) SpreadEx Financial Open Positions list shows not only the accrued profit or loss on each open position, but […]
Adjusting Stop Orders on the London Capital Group Trading Platform(s)
By Tony on July 13, 2012 in capital spreads, etx capital, financial spreads, intertrader, stop orders
My daughter, who is a budding trader but who is still practising in a demo account, asked me a question the other day: “Dad, how do I adjust my stop orders on Capital Spreads?” It seems so obvious to me now, after years of spread betting, and I never really give it a second thought; […]
Beware… the 8am stop-out!
I’m currently reading The Naked Trader’s Guide to Spread Betting. Not because I need to learn financial spread betting, of course, but because I might spot something that I forgot to mention in my own Better Spread Betting book and which I might therefore want to include in a future second edition. Besides, I ought […]
When a Slow Stop-Out is No Bad Thing
This morning I took it upon myself to establish a long position in a gapped-down stock, with a reasonably tight stop order placed not far below my entry price. The price fell further (of course) but didn’t gap, and my stop order with ETX Capital stopped me out exactly as expected. Well done them. When I […]
Guaranteed Stops on Short Trades
As I’m currently busy editing (not writing) a book on investing psychology, it’s a short and sweet update from me today. I’ve found myself entering more short trades recently than I used to. Not because I’m particularly bearish at the moment, but because I’m testing a new short trading “theory”. I won’t tell you just […]